Jennifer Lopez's 'American Idol' deal valued at $12 million: Reports

Image Credit: Jamie McCarthy/WireImage.comGet ready to call her Jenny from the Fox (Broadcasting Company). Or maybe the $12 Million Woman. Jennifer Lopez will be joining the judges’ panel for the 10th season of the network’s ratings giant, American Idol, in a deal worth $12 million, according to an anonymous source who spoke to People.com. (The contract was first reported yesterday by Deadline.com.)

Lopez has been the subject of intense media scrutiny with regard to a coveted spot on a rebooted Idol panel. Her name first surfaced for the gig in late July, before a number of media outlets counted her out of the running due to alleged “diva” demands. As first reported by EW.com on Aug. 12, however, a source close to the show set the record straight that “no deals have fallen apart due to unreasonable demands” and that “This may simply be a case of one diva’s rep slinging mud to make another potential candidate look like a diva.” Soon after, Lopez’s name was back in the mix – along with Aerosmith frontman Steven Tyler and original panelist Randy Jackson – as a front-runner for one of the three most coveted chairs in the reality TV universe. The J.Lo.-Tyler-Jackson rumors got a further shot of adrenaline when Fox announced – the Friday night before Labor Day – that judge Kara DioGuardi would not be returning to the show for its 10th season.

Spokespersons from Fox, Fremantle, and 19 Entertainment declined comment for this story; a rep for Lopez did not return calls from EW. According to Deadline, Lopez had sought an overall deal with Fox that would have included guaranteed movie and TV pilot deals, but that portion of the contract did not come to fruition.